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Statutory Instruments

2012 No. 2746

Coinage

The Trial of the Pyx (Amendment) Order 2012

Made

7th November 2012

Coming into force

8th November 2012

At the Court at Buckingham Palace, the 7th day of November 2012

Present,

The Queen’s Most Excellent Majesty in Council

Her Majesty, in exercise of the powers conferred on Her by section 8(2) and (3) of the Coinage Act 1971(1), is pleased, by and with the advice of Her Privy Council, to order, and it is hereby ordered, as follows:

Citation and commencement

1. This Order may be cited as the Trial of the Pyx (Amendment) Order 2012 and comes into force on 8th November 2012.

(f)in paragraph (2)(a)(i) for the words from “weighing not less than 980 grams nor” to the end substitute “based on the standard weight, weighing no more than one kilogram each, provided that each lot that weighs less than one kilogram shall weigh as close as possible to one kilogram;”.

(7) After article 9 insert—

“Trial of kilogram coins

9A.For the purpose of the trial of kilogram coins, the jury shall take out all the coins from the packets of kilogram coins, and—

(a)shall weigh each of the coins separately so as to ascertain whether each coin is within the permitted variation from the standard weight; and

(b)after weighing the coins, shall assay separately such number of the coins as they think fit, in the case of—

(i)i)gold kilogram coins, comparing them with the standard trial plate of gold, so as to ascertain whether the metal of each coin is within the permitted variation from the standard fineness; and

(ii)silver kilogram coins, comparing them with the standard trial plate of silver, so as to ascertain whether the metal of each coin is within the permitted variation from the standard composition.”.

(9) In articles 11(2)(a)(i) and 12(2)(a)(i) for the words from “weighing not less than 980 grams nor” to the end substitute “based on the standard weight, weighing no more than one kilogram each, provided that each lot that weighs less than one kilogram shall weigh as close as possible to one kilogram;”.

“(fa)whether each of the silver kilogram coins separately weighed and assayed is within the permitted variations from the standard weight and composition;”; and

(c)in sub-paragraph (h) omit the words from “and, in relation to the gold-plating,” to the end.

Richard Tilbrook

Clerk of the Privy Council

EXPLANATORY NOTE

(This note is not part of the Order)

This Order amends the Trial of the Pyx Order 1998 (S.I. 1998/1764), so as to provide for the trial of kilogram coins issued by the Royal Mint and to make minor amendments to the conduct of the trial in respect of certain coins. The Coinage (Measurement) Act 2011 (c.17) made a minor amendment to the Coinage Act 1971 (c.24) so as to facilitate the production of coins of one kilogram or more.

Article 2(2) provides a definition of kilogram coins.

Article 2(3) and (4) makes provision for the Deputy Master of the Mint to set aside kilogram coins for trial at the trial of the Pyx.

Article 2(5) and (6) exclude kilogram coins from the trials of gold coins and silver coins.

Article 2(7) provides for the form that the trial of kilogram coins will take.

Article 2(10) provides for the findings that the jury are to reach following the trial of silver kilogram coins and gold-plated silver coins.

Minor amendments are made by article 2(3) to the provision governing the number of cupro-nickel coins to be set apart for trial, by article 2(5) to the provision for assaying gold ingots and by article 2(6), (8) and (9) to the conduct of the trial in respect of certain silver, cupro-nickel, nickel-brass coins and gold-plated silver coins.

An impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.

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